Description:
RESPONSIBILITIES
CASH MANAGEMENT
- Update the estimates on the cash management report
- Assign funding source (overdraft, trade supplier finance, trade debtors finance, money market) to creditors funds request forecast according to funding strategy
- Meeting with Treasury Manager to review cash management report, and discuss funding plans before reporting and giving finance team instructions on funding transfers & drawdowns
- Ensure that current bank accounts are sufficiently funded to meet all obligations forecasted
- Ensure no excess balances at the end of the day by doing review of balances at 14h30 and transferring excess to settle bank facilities & intercompany loans
- Update of all bank dues control books to ensure visibility of real time utilization/availability for cash planning
- Update intercompany loan schedules
- Reconcile loan positions
- Report Bank Facilities Utilization to Singapore
- Work with Treasury Manager on the preparation of weekly funding plan
- 3-way verification of interest expense (SAP vs Bank Report vs Treasury Control)
- Review of Bloan report prepared by Finance team
FOREX BOOK & EXPOSURE
- Update Forex Trades into Treasury Forex Control Workbook
- Reconcile Forex Control vs Bank reports
- Give instructions to SSC team on movement of forex delivery proceeds
- Forex Exposure: Collate reports and prepare variance analysis
- Back up to Assistant Treasury Manager to populate the templates
- Execute Forex Trades below USD 50 000,00 limit
- Review of the MTM calculation done by Finance Team to ensure ties up with Bank reports
- Back up to Assistant Treasury Manager to update AP vs FEC matrix
EXCHANGE CONTROL
- Update Masterfile with Exchange Control Approvals
- Assist to obtain supporting documentation requested by TM to support Exchange Control Applications
- Assist in the execution of annual Exchange Control Approval renewals
BANK ADMINISTRATION
- Ensure that authorized banking access has been communicated to respective Banks via Board Resolution, Mandates, Bank Forms as soon as became aware of changes
- Maintain Banking Access Masterfile UpToDate on SharePoint
- Perform cross checks vs banks records post changes have been requested to ensure that banking access has been updated/removed as per the company's instructions
- Provide Know Your Client (KYC) Documentation.
- Source out Board Resolutions from Company Secretary
- Populate forms to new bank accounts
Requirements:
- Update the estimates on the cash management report
- Assign funding source (overdraft, trade supplier finance, trade debtors finance, money market) to creditors funds request forecast according to funding strategy
- Meeting with Treasury Manager to review cash management report, and discuss funding plans before reporting and giving finance team instructions on funding transfers & drawdowns
- Ensure that current bank accounts are sufficiently funded to meet all obligations forecasted
- Ensure no excess balances at the end of the day by doing review of balances at 14h30 and transferring excess to settle bank facilities & intercompany loans
- Update of all bank dues control books to ensure visibility of real time utilization/availability for cash planning
- Update intercompany loan schedules
- Reconcile loan positions
- Report Bank Facilities Utilization to Singapore
- Work with Treasury Manager on the preparation of weekly funding plan
- 3-way verification of interest expense (SAP vs Bank Report vs Treasury Control)
- Review of Bloan report prepared by Finance team
- Update Forex Trades into Treasury Forex Control Workbook
- Reconcile Forex Control vs Bank reports
- Give instructions to SSC team on movement of forex delivery proceeds
- Forex Exposure: Collate reports and prepare variance analysis
- Back up to Assistant Treasury Manager to populate the templates
- Execute Forex Trades below USD 50 000,00 limit
- Review of the MTM calculation done by Finance Team to ensure ties up with Bank reports
- Back up to Assistant Treasury Manager to update AP vs FEC matrix
- Update Masterfile with Exchange Control Approvals
- Assist to obtain supporting documentation requested by TM to support Exchange Control Applications
- Assist in the execution of annual Exchange Control Approval renewals
- Ensure that authorized banking access has been communicated to respective Banks via Board Resolution, Mandates, Bank Forms as soon as became aware of changes
- Maintain Banking Access Masterfile UpToDate on SharePoint
- Perform cross checks vs banks records post changes have been requested to ensure that banking access has been updated/removed as per the company's instructions
- Provide Know Your Client (KYC) Documentation.
- Source out Board Resolutions from Company Secretary
- Populate forms to new bank accounts
- Degree Finance/Banking
- + 3 years’ experience in Finance and Treasury department.
- Multinational trading environment is preferable
- Good understanding of Cash/Liquidity Management, financial markets, financial instruments,
- Proficiency in Microsoft packages
- Proficiency in SAP advantage
- Analytical Skills
- Reporting skills
- Team player with the ability to communicate and collaborate with multiple parties.
- Appropriate handling of sensitive information.
- Able to work Under pressure
- Interest and drive to save the company money
REQUIREMENTS
QUALIFICATIONS
- Degree Finance/Banking
EXPERIENCE
- + 3 years’ experience in Finance and Treasury department.
- Multinational trading environment is preferable
SKILLS AND KNOWLEDGE
- Good understanding of Cash/Liquidity Management, financial markets, financial instruments,
- Proficiency in Microsoft packages
- Proficiency in SAP advantage
- Analytical Skills
- Reporting skills
- Team player with the ability to communicate and collaborate with multiple parties.
- Appropriate handling of sensitive information.
- Able to work Under pressure
- Interest and drive to save the company money
16 May 2025;
from:
careers24.com